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Article: Deltek Reports First Quarter 2008 Financial Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- May 8, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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First Quarter Total Revenue Increases 11% Year-over-Year
HERNDON, Va. -- Deltek, Inc. (Nasdaq:PROJ), the leading provider of enterprise applications software for project-focused businesses, today announced financial results for its first quarter ended March 31, 2008.
Total revenue for the first quarter was $69.4 million, an increase of 11% from the first quarter of 2007. License revenue for the first quarter was $17.0 million, a decrease of 14% from the prior year period, while consulting services revenue increased 31% to $24.3 million, and maintenance and support revenue increased 17% to $28.1 million.
GAAP net income for the first quarter of ...